Courier Companies Reject Proposal To Reform Mexico's Postal Law

Proposals by Mexican legislators to reform the Postal Service Law in order to provide more support for the Mexican Postal Service (Sepomex) were opposed by the nation’s private courier industry, reported Mexico City daily Reforma business columnist Dario Celis Estrada. Companies like Federal Express (NYSE:FDX), United Parcel Service (NYSE:UPS), DHL and Estafeta criticized suggestions that Sepomex should be protected through monopolistic measures. Legislators have suggested that only Sepomex should be able to handle deliveries of articles weighing less than 350 grams. Courier companies, under the Mexican Association of Courier Companies, say that competition should be based on price, and not on monopolistic licenses.
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